Tata Power Share Price Target 2025: Tata Group firm’s major pact with NTPC – Big push to India’s renewable energy sector!
Tata Power Share Price Target 2025: With this, the shares of Tata Group company is expected to remain in focus in the upcoming days. On Friday, the shares of Tata Power Company Ltd ended at Rs 364.50, 1.74 per cent higher from the previous close of Rs 358.25, on the BSE. Tata Power Company, a constituent of BSE 100, boosts a market cap of Rs 1,16,470.13 crore. The shares of the Tata Group company has declined 7.11 per cent so far in 2025.
Written by: Sarmeeli Mallick
Updated Apr 14, 2025 19:42 IST
Tata Power Share Price Target 2025: Tata Power Renewable Energy Ltd has signed a Power Purchase Agreement (PPA) with NTPC Ltd to develop a 200 megawatt (MW) firm and dispatchable renewable energy (FDRE) project.
Article Highlights
- Shares of the Tata Group company are expected to remain in focus in the upcoming days.
- The project, spread across multiple locations in India is set to be completed within 24 months and is expected to generate approximately 1,300 million units (MUs) of electricity annually, mitigating over 1 million tons of carbon dioxide emissions per year.
- The project was won by TPREL based on competitive bidding and will use a combination of solar, wind, and battery energy storage system (BESS) technologies.
Tata Power Share Price Target 2025: In a major push to India’s renewable energy sector, Tata Power Renewable Energy Ltd (TPREL), a subsidiary of The Tata Power Company Ltd, has signed a Power Purchase Agreement (PPA) with NTPC Ltd to develop a 200 megawatt (MW) firm and dispatchable renewable energy (FDRE) project.
With this, the shares of Tata Group company are expected to remain in focus in the upcoming days. On Friday, the shares of Tata Power Company Ltd ended at Rs 364.50, 1.74 per cent higher from the previous close of Rs 358.25, on the BSE.
The stock market was closed on Monday, April 14 on the account of Dr BR Ambedkar's birth anniversary.
Tata Power’s deal with NTPC
The project, spread across multiple locations in India is set to be completed within 24 months and is expected to generate approximately 1,300 million units (MUs) of electricity annually, mitigating over 1 million tons of carbon dioxide emissions per year, the company said in a press release.
The project was won by TPREL based on competitive bidding and will use a combination of solar, wind, and battery energy storage system (BESS) technologies.
“A key feature of this initiative is the commitment to a 4 hour peak power supply, ensuring at least 90 per cent availability during peak demand hours to support the growing energy needs of Distribution Companies,” said the TPREL in the release.
With this project, TPREL’s total renewable utility capacity has reached 10.9 GW. Currently, 5.5 GW of this capacity is operational, comprising 4.5 GW of solar and 1 GW of wind energy.
Additionally, 5.4 GW is under various stages of implementation, evenly split between 2.7 GW of solar and 2.7 GW of wind projects.
These ongoing projects are expected to be completed in phases over the next 6 to 24 months in a staggered manner, said the Tata Power’s renewable arm.
Tata Power Share Price Target
Brokerage firm Motilal Oswal has given a buy call on Tata Power Company with a target price of Rs 481and an upside potential of 35 per cent.
Tata Power Share Price History
Tata Power Company, a constituent of BSE 100, boosts a market cap of Rs 1,16,470.13 crore. The shares of the Tata Group company has declined 7.11 per cent so far in 2025.
(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money related decisions.)
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